SCHEDULE 13D DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT 01/12/2011 1. NAME OF REPORTING PERSON Bulldog Investors, Brooklyn Capital Management LLC, Phillip Goldstein and Andrew Dakos 2. CHECK THE BOX IF MEMBER OF A GROUP a[X] b[] 3. SEC USE ONLY 4. SOURCE OF FUNDS WC 5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) AND 2(e) [] 6. CITIZENSHIP OR PLACE OF ORGANIZATION USA ___________________________________________________________ 7. SOLE VOTING POWER 966,743 8. SHARED VOTING POWER 401,104 9. SOLE DISPOSITIVE POWER 1,367,847 _______________________________________________________ 10. SHARED DISPOSITIVE POWER 0 11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 1,367,847 12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES [] ___________________________________________________________ 13. PERCENT OF CLASS REPRESENTED BY ROW 11 14.42% 14. TYPE OF REPORTING PERSON IA _______________________________________________________ Item 1. SECURITY AND ISSUER This statement constitutes Amendment #3 to the schedule 13d filed July 23, 2010. Except as specifically set forth herein, the Schedule 13d remains unmodified. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER As per the DEF14A filed on February 12 , 2010 there were 9,485,8362 shares of common stock outstanding as of February 12 , 2010 The percentage set forth in item 5 was derived using such number. Bulldog Investors, Brooklyn Capital Management LLC, Phillip Goldstein and Andrew Dakos beneficially own an aggregate of 1,367,847 shares of SLS or 14.42% of the outstanding shares.Power to dispose of and vote securities resides either with Mr. Goldstein, Mr. Dakos or with clients. c) Since the last filing on 11/17/10 the following shares of SLS were purchased: Date: Shares: Price: 11/23/10 7,800 9.2292 12/03/10 25,000 9.5220 12/09/10 16,200 9.1258 12/13/10 1,100 9.2577 12/15/10 7,500 9.1148 12/23/10 693 9.2485 01/04/11 23,985 9.4303 01/10/11 200 9.2400 01/12/11 10,000 9.4200 01/13/11 2,600 9.5300 01/19/11 10,000 9.5900 d) Beneficiaries of managed accounts are entitled to receive any dividends or sales proceeds. e) NA ITEM 6. CONTRACTS,ARRANGEMENTS,UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. None. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS None. After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: 01/20/2011 By: /s/ Phillip Goldstein Name: Phillip Goldstein By: /S/ Andrew Dakos Name: Andrew Dakos